Blackstone said July 17 that Gabriel Sod Hoffs has joined Blackstone Alternative Asset Management as a managing director and head of emerging markets and global macro strategy. Sod Hoffs previously worked for Caxton Associates where he was a portfolio manager focusing on emerging markets.
Blackstone Hires Gabriel Sod Hoffs as New Head of Emerging Markets and Global Macro Strategies
New York, July 17, 2019 – Blackstone (NYSE: BX) today announced that Gabriel Sod Hoffs has joined Blackstone Alternative Asset Management (BAAM) as a Managing Director and Head of Emerging Markets and Global Macro Strategy.
Mr. Sod Hoffs joins from Caxton Associates where he was a Portfolio Manager focusing on emerging markets. Prior to Caxton, he was a senior investment associate at Bridgewater Associates where he focused on emerging markets, and CIO of Austin Credit Macro, a global macro hedge fund seeded by TPG Capital. Mr. Sod Hoffs has also held investment positions at Dodge & Cox and Farallon Capital where he concentrated on currencies, interest rates, and sovereign credit. He obtained a PhD in Economics from Harvard University where he was a Fulbright and Ford-MacArthur fellow.
John McCormick, President and CEO of Blackstone’s Alternative Asset Management (BAAM) group, said: “I’m thrilled to welcome Gabriel to Blackstone. Gabriel has extensive trading and investing experience in rates, currencies, and sovereign credit with a focus on emerging markets. His ability to work closely with our external partners combined with his years of experience generating his own investment opportunities makes him an excellent fit for BAAM’s investment model. I look forward to working closely with Gabriel to generate attractive opportunities for our LPs.”
Blackstone Alternative Asset Management (BAAM®) manages approximately $80 billion across a diversified set of businesses, including a customized portfolio solutions business, a special situations platform, a business that purchases GP stakes in alternative asset managers, an open-ended mutual fund platform, and an emerging manager seeding business. BAAM invests across a variety of asset classes and strategies to create solutions for its investors. Through its sharp focus on clients’ goals, a rigorous due-diligence process and access to Blackstone’s global insights, BAAM strives to generate attractive risk-adjusted returns across market cycles while preserving capital during stressed market environments.
Blackstone is one of the world’s leading investment firms. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our asset management businesses, with $512 billion in assets under management, include investment vehicles focused on private equity, real estate, public debt and equity, non-investment grade credit, real assets and secondary funds, all on a global basis. Further information is available at www.blackstone.com. Follow Blackstone on Twitter @Blackstone.